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  1. 501(c)(3) organization - Wikipedia

    From Wikipedia, the free encyclopedia A 501 (c) (3) organization is a corporation, trust, unincorporated association, or other type of organization exempt from federal income tax under section 501 (c) (3) of Title 26 of the United States Code. It is one of the 29 types of 501 (c) nonprofit organizations in the US.

    • Form 1023

      Form 1023 is a United States IRS tax form, also known as the...

    • Types

      The two exempt classifications of 501 organizations are as...

    • Obtaining status

      The basic requirement of obtaining tax-exempt status is that...

  2. Category:501(c)(3) organizations - Wikipedia

    From Wikipedia, the free encyclopedia Wikimedia Commons has media related to 501 (c) (3) nonprofit organizations. The main article for this category is 501 (c) (3) organization.

  3. 501(c) organization - Wikipedia

    A 501 (c) organization is a nonprofit organization in the federal law of the United States according to Section 501 (c) and is one of over 29 types of nonprofit organizations exempt from some federal income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions.

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    • Types
    • Obtaining Status
    • Tax-Deductible Charitable Contributions
    • Transparency
    • Limitations on Political Activity
    • Churches
    • Political Campaign Activities
    • Lobbying
    • Foreign Activities

    The two ex­empt clas­si­fi­ca­tions of 501(c)(3) or­ga­ni­za­tions are as follows: 1. A public charity, identified by the Internal Revenue Service(IRS) as "not a private foundation", normally receives a substantial part of its income, directly or indirectly, from the general public or from the government. The public support must be fairly broad, not limited to a few individuals or families. Public charities are defined in the Internal Revenue Code under sections 509(a)(0) through 509(a)(4). 2. A private foundation, sometimes called a non-operating foundation, receives most of its income from investments and endowments. This income is used to make grants to other organizations, rather than being disbursed directly for charitable activities. Private foundations are defined in the Internal Revenue Code under section 509(a) as 501(c)(3) organizations, which do not qualify as public charities.

    The basic re­quire­ment of ob­tain­ing tax-ex­empt sta­tus is that the or­ga­ni­za­tion is specif­i­cally lim­ited in pow­ers to pur­poses that the IRS clas­si­fies as tax-ex­empt pur­poses. Un­like for-profit cor­po­ra­tions that ben­e­fit from broad and gen­eral pur­poses, non-profit or­ga­ni­za­tions need to be lim­ited in pow­ers to func­tion with tax-ex­empt sta­tus, but a non-profit cor­po­ra­tion is by de­fault not lim­ited in pow­ers until it specif­i­cally lim­its it­self in the ar­ti­cles of in­cor­po­ra­tion or non­profit cor­po­rate by­laws. This lim­it­ing of the pow­ers is cru­cial to ob­tain­ing tax ex­empt sta­tus with the IRS and then on the state level. Or­ga­ni­za­tions ac­quire 501(c)(3) tax ex­emp­tion by fil­ing IRS Form 1023. As of 2006[update] the form must be ac­com­pa­nied by a $850 fil­ing fee if the yearly gross re­ceipts for the or­ga­ni­za­tion are ex­pected to av­er­age $10,000 or more. If yearly gross re­ceipts are ex­pected to av­er­age less than $10...

    In­di­vid­ual may take a tax de­duc­tion on a char­i­ta­ble gift to a 501(c)(3) or­ga­ni­za­tion that is or­ga­nized and op­er­ated ex­clu­sively for re­li­gious, char­i­ta­ble, sci­en­tific, lit­er­ary, or ed­u­ca­tional pur­poses, or to fos­ter na­tional or in­ter­na­tional am­a­teur sports com­pe­ti­tion (but only if no part of its ac­tiv­i­ties in­volve the pro­vi­sion of ath­letic fa­cil­i­ties or equip­ment), or for the pre­ven­tion of cru­elty to chil­dren or animals. An in­di­vid­ual may not take a tax de­duc­tion on gifts made to a 501(c)(3) or­ga­ni­za­tion that is or­ga­nized and op­er­ated ex­clu­sively for the test­ing for pub­lic safety. In the case of tu­ition fees paid to a pri­vate 501(c)(3) school or a church school, the pay­ments are not tax-de­ductible char­i­ta­ble con­tri­bu­tions be­cause they are pay­ments for ser­vices ren­dered to the payee or the payee's children. The pay­ments are not tax-de­ductible char­i­ta­ble con­tri­bu­tions even if a sig­nif­i­cant...

    All 501(c)(3) or­ga­ni­za­tions must make avail­able for pub­lic in­spec­tion its ap­pli­ca­tion for tax-ex­emp­tion, in­clud­ing its Form 1023 or Form 1023-EZ and any at­tach­ments, sup­port­ing doc­u­ments, and fol­low-up cor­re­spon­dence with the In­ter­nal Rev­enue Service. The same pub­lic in­spec­tion re­quire­ment ap­plies to the or­ga­ni­za­tion's an­nual re­turn, namely its Form 990, Form 990-EZ, Form 990-PF, Form 990-T, and Form 1065, in­clud­ing any at­tach­ments, sup­port­ing doc­u­ments, and fol­low-up cor­re­spon­dence with the In­ter­nal Rev­enue Ser­vice, with the ex­cep­tion of the names and ad­dresses of donors on Sched­ule B.An­nual re­turns must be made pub­licly avail­able for a three-year pe­riod be­gin­ning with the due date of the re­turn in­clud­ing any ex­ten­sion of time for filing. The In­ter­nal Rev­enue Ser­vice pro­vides in­for­ma­tion about spe­cific 501(c)(3) or­ga­ni­za­tions through its Tax Ex­empt Or­ga­ni­za­tion Search online. A pri­vate non­pr...

    Sec­tion 501(c)(3) or­ga­ni­za­tions are pro­hib­ited from sup­port­ing po­lit­i­cal can­di­dates, as a re­sult of the John­son Amend­ment en­acted in 1954. Sec­tion 501(c)(3) or­ga­ni­za­tions are sub­ject to lim­its on lob­by­ing, hav­ing a choice be­tween two sets of rules es­tab­lish­ing an upper bound for their lob­by­ing ac­tiv­i­ties. Sec­tion 501(c)(3) or­ga­ni­za­tions risk loss of their tax-ex­empt sta­tus if these rules are violated.An or­ga­ni­za­tion that loses its 501(c)(3) sta­tus due to being en­gaged in po­lit­i­cal ac­tiv­i­ties can­not sub­se­quently qual­ify for 501(c)(3) status.

    Churches must meet spe­cific re­quire­ments to ob­tain and main­tain tax-ex­empt sta­tus; these are out­lined in "IRS Pub­li­ca­tion 1828: Tax Guide for Churches and Re­li­gious Organizations".This guide out­lines ac­tiv­i­ties al­lowed and not al­lowed by churches under the 501(c)(3) designation. In 1980, the United States Dis­trict Court for the Dis­trict of Co­lum­biarec­og­nized a 14-part test in de­ter­min­ing whether a re­li­gious or­ga­ni­za­tion is con­sid­ered a church for pur­poses of the In­ter­nal Rev­enue Code. Hav­ing an es­tab­lished con­gre­ga­tion served by an or­ga­nized min­istry is of cen­tral importance. Points 4, 6, 8, 11, 12, and 13 are also es­pe­cially im­por­tant. Nev­er­the­less, the 14-point list is a guide­line, it is not in­tended to be all-en­com­pass­ing, and other rel­e­vant facts and cir­cum­stances may be factors. Al­though there is no de­fin­i­tive de­f­i­n­i­tion of a church for In­ter­nal Rev­enue Code pur­poses, in 1986 the United States Tax Co...

    Or­ga­ni­za­tions de­scribed in sec­tion 501(c)(3) are pro­hib­ited from con­duct­ing po­lit­i­cal cam­paign ac­tiv­i­ties to in­ter­vene in elec­tions to pub­lic office.The In­ter­nal Rev­enue Ser­vice web­site elab­o­rates on this prohibition:

    In con­trast to the pro­hi­bi­tion on po­lit­i­cal cam­paign in­ter­ven­tions by all sec­tion 501(c)(3) or­ga­ni­za­tions, pub­lic char­i­ties (but not pri­vate foun­da­tions) may con­duct a lim­ited amount of lob­by­ingto in­flu­ence leg­is­la­tion. Al­though the law states that "no sub­stan­tial part" of a pub­lic char­ity's ac­tiv­i­ties can go to lob­by­ing, char­i­ties with large bud­gets may law­fully ex­pend a mil­lion dol­lars (under the "ex­pen­di­ture" test), or more (under the "sub­stan­tial part" test) per year on lobbying. The In­ter­nal Rev­enue Ser­vice has never de­fined the term "sub­stan­tial part" with re­spect to lobbying. To es­tab­lish a safe har­bor for the "sub­stan­tial part" test, the United States Con­gress en­acted §501(h), called the Conable elec­tion after its au­thor, Rep­re­sen­ta­tive Bar­ber Conable. The sec­tion es­tab­lishes lim­its based on op­er­at­ing bud­get that a char­ity can use to de­ter­mine if it meets the sub­stan­tial test. This change...

    A 501(c)(3) or­ga­ni­za­tion is al­lowed to con­duct some or all of its char­i­ta­ble ac­tiv­i­ties out­side the United States. A 501(c)(3) or­ga­ni­za­tion is al­lowed to award grants to for­eign char­i­ta­ble or­ga­ni­za­tions if the grants are in­tended for char­i­ta­ble pur­poses and the grant funds are sub­ject to the 501(c)(3) or­ga­ni­za­tion's control. Ad­di­tional pro­ce­dures are re­quired of 501(c)(3) or­ga­ni­za­tions that are pri­vate foun­da­tions.

  5. Talk:501(c)(3) organization - Wikipedia

    This is the talk page for discussing improvements to the 501(c)(3) organization article. This is not a forum for general discussion of the article's subject.: Put new text under old text.

  6. Talk:501(c) organization - Wikipedia

    501 (c) (3) is one of the sections of the Internal Revenue Code that has worked its way into common language, making it reasonable to have an article on it. I don't know how far you want to take it. Churchs are an interesting area of controversy since it is troubling to have a goverment agency ruling on what does or does not constitute a Church.

  7. 501(h) election - Wikipedia

    501 (c) (3) organizations, named after the section of the Internal Revenue Code that defines them, are the most common category of nonprofit organization in the United States. They make up 74% of all tax-exempt organizations as of 2013, encompassing organizations with charitable, educational, or religious missions.

  8. How to Start a 501(c)(3) Nonprofit Organization (with Pictures)
    • 18 min
    • 2.7M
    • Creating a Nonprofit Determine what type of nonprofit organization you want to create. Choose an issue that is important to you or something that is a matter of public interest.
    • Filing Documents File Articles of Incorporation. Articles of Incorporation are official statements that you are creating an organization, and they are filed with a state's corporations office.
    • Determining Finances Hire a certified public accountant (CPA). Consider the following factors: Look for an accountant who has experience with organizations like yours.
    • Applying for Tax Exempt Status Apply for recognition of tax-exempt public charity status. You'll need to fill out either Form 1023 or 1024, which is an application.
  9. 3 Ways to Verify the 501(c)(3) Status of a Nonprofit - wikiHow
    • (6)
    • 125.9K
    • Checking the IRS Database Gather information about the non-profit. To properly check whether a non-profit has exempt status, you need to gather as much of the following information as possible
    • Using Other Methods Ask for a copy of the determination letter. Once an organization has been given 501(c)(3) status, the qualified non-profit will receive a determination letter from the IRS.
    • Researching a Non-Profit Ask for information about the non-profit. Legitimate charities should be willing to provide substantial information to potential donors.
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